Chinese tech startup DeepSeek said it was hit by a cyber attack on Monday that disrupted users' ability to register on the site. The company, whose artificial intelligence chatbot has sent the tech world into a frenzy, said that it had suffered large-scale malicious attacks on its services. Registered users could log in normally, DeepSeek said. DeepSeek began attracting more attention in the AI industry last month when it released a new AI model that it boasted was on par with similar models from US companies such as ChatGPT maker OpenAI, and was more cost-effective in its use of expensive Nvidia chips to train the system on huge troves of data. The chatbot became more widely accessible when it appeared on Apple and Google app stores early this year. By Monday, DeepSeek's AI assistant had become the No. 1 downloaded free app on Apple's iPhone store. The jump in popularity fuelled debates over competition between the US and China in developing AI technology. But some US tech indust
Nvidia's market-cap loss on Monday was more than double the previous one-day record, set by Nvidia last September
At 6:31 AM, GIFT Nifty futures pointed to a positive start, trading 76 points higher at 22,922
The benchmark S&P 500 was down 1.6 per cent to 6,003.04, dragged down by technology stocks. AI chipmaker Nvidia was down nearly 14 per cent to $123.02
The Chinese startup claims that its system had been targeted with large-scale malicious attacks. The startup's status page also shows problems with its API earlier in the day and on Sunday
The S&P 500 fell as much as 2.3 per cent early Monday and the Nasdaq 100 tumbled as much as 3.6 per cent before paring the drop
Gemini new interface on Android. Lava Yuva Smart launched. Nothing schedules product launch for March 4. Google Search URLs. DeepSeek R1 AI model
Tech veteran CP Gurnani's AI venture AIonOS on Monday signed a pact with Indonesian telecom major Indosat Ooredoo Hutchison to develop solutions on Chinese open-source AI research lab DeepSeek. The collaboration aims to leverage AI for advancing Indonesia's Food Security, Talent Development, and Tourism, and contribute towards achieving the Golden Indonesia Vision 2045, a company statement said. The partnership will work towards developing solutions with a focus on travel and hospitality use cases, among others, AIonOS co-founder and CEO Gurnani told reporters here. The solutions will be modelled on DeepSeek, he said, adding that it looks like a "promising piece of technology" and that the Indonesian government is very keen to leverage the effectiveness of DeepSeek. China-based DeepSeek recently launched its open-source AI model, DeepSeek-R1, which claims to rival major players like OpenAI in capabilities such as mathematical reasoning and code generation. This development is seen
Why are markets falling: A sustained selling by foreign investors, a falling rupee, weak December quarter results, Budget nervousness, China's DeepSeek, and Trump's tariff war is hurting the sentiment
DeepSeek launched its MIT-licenced open-source AI model, DeepSeek-R1 which competes with OpenAI in critical areas such as mathematical reasoning, code generation, and cost efficiency
US Nasdaq Composite futures tumbled 1.8 per cent as of 0158 GMT and S&P 500 futures sank 0.9 per cent